SEED and BiD Network of the Netherlands operates an investor matching programme aimed at identifying, supporting and linking high potential Tanzanian entrepreneurs to investors and financiers.
You will be given coaching and feedback by experts from SEED and Bid Network to improve your idea/plan. You will be visited, invited in meetings, forums and workshops organized by SEED to learn from each other and also for SEED Match maker to learn about your businesses, capacities and integrity. As well, you will be linked to other service providers (for specialized business or technical expertise). Over time, and with this networking and other support, you will manage to develop very good investment proposals/business plans. This will be evaluated and when approved for match-making, it will be sent to interested investors. BiD Network operates with a growing number of private equity investors based in Europe and other continents, who are interested in investing in developing countries, including Tanzania. Business plans and entrepreneurs who are assessed as ready for investment are matched with investors who have expressed readiness to invest in such kind of businesses. These investors consult with a Tanzanian targeted entrepreneur and if they come into agreement, an investor puts in equity or a combination of equity and a loan.
Since there are already many entrepreneurs who have gone through the business planning challenges, SEED and BiD Network believes that the best way of adding value to the entrepreneurs is to work with them to get financing. If you are an Entrepreneur and you are interested, please submit your business concept and business plan by visiting www.bidnetwork.org
SEED is working with other Tanzanian and regional partners to provide the match-making, project development as well as investment services.
This is an integrated approach involving training, counseling and mentoring and project implementation support to facilitate emergence and sustainability of new entrepreneurs. The programme aims at helping the potential entrepreneurs to identify business opportunities, formulate business plans, strengthen entrepreneurial competencies and acquire skills in managing a small venture and successfully run a small business venture which would then grow. The programme involves about 150 hours of training followed by project implementation support through business counseling, technological and financial tie-ups, and mentoring.
EDP offers integrated support to potential entrepreneurs and provides following enterprise development tasks
EDP participants need to posses the following profile:
Support for Entrepreneurship and Enterprise Development (SEED) has a license agreement to conduct in Tanzania, a Ready4Finance (R4F) Training programme, a property of BiD Network of Amsterdam, The Netherlands.
R4F Programme comprehensive and professionally package training programme that aims to
Part I: Business Planning & Management Skills Training
Part II: Access To Financing And Investment Process - 3 Days
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PART I: BUSINESS PLANNING AND MANAGEMENT SKILLS TRAINING 4 DAYS (32 HRS) |
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Business Planning |
Introduction: What Business Plans are for, essential elements, common pitfalls, etc |
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Essential tools of business planning |
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Writing mission and strategy statements |
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Business model and value propositions |
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Introducing your company’s products and services |
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Market structure and analysis |
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Marketing and distribution strategy |
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Managing human resource |
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Production & Operational plan |
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Suppliers and raw materials |
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Risks and how to mitigate them |
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Sale Forecasting (product market combination) |
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Investment plan |
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Executive summary |
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Financial Planning |
Basic books of accounts and Simple Record Keeping of Business Activities |
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Introduction to financial statements analysis |
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Cash flow analysis |
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Budgeting |
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Profit and Loss statements |
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Balance Sheet |
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All Financial Statement in one: changing assumptions |
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Internal sources of finance |
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Introduction to different types of finance (debt and equity) |
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Which type of finance is suitable for this business? |
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Team Building |
Combining successful management team |
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Team Structures and processes |
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PART II: ACCESS TO FINANCING AND INVESTMENT PROCESS - 4 DAYS (32 HRS) |
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Types of Investors |
Introduction to (angel) investors |
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What investors want |
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Types of finance |
Introduction to equity |
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Introduction to debt or credit |
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Overview of alternative financing structures |
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Royalty based finance |
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Factoring |
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Investment process |
Enterprise valuation |
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Negotiations |
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Exit management |
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Key legal issues in investing |
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Contractual agreements |
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Pitching |
Interview with financiers |
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Pitching your plan (short pitch) |
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Presentation training (Long pitch) |
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Since 2011, SEED has been organising specialised Business Plan Competition in collaboration with local and international stakeholders. SEED has huge capacity and experience in planning for, sourcing financing and management of business plan competitions and most participants receive awards that include training and coaching support to build bankable business plan and develop and manage viable businesses on ground. The winners are awarded business trip abroad to promote their business plan and get introduced to various potential investors and business partners and all best plans are matched with and/or linked to potential financiers.
SEED offers investment services to investors/financiers to verify and monitor businesses in which they will potentially invest. Services include but not limited to: -
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Background Check |
Interview with entrepreneur, investor’s criteria check, check ID papers of entrepreneur and company, check credit and tax history, check for criminal offenses |
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Due Diligence |
Verifying the business plan and what is on ground. Collecting all needed documents (financial statements, certificates, licenses letters of intent of customers, market information, projections for the future, current shareholder agreements, CVs of current personnel/investors, proof of collateral/possession, loan agreements). Entails the necessary communication with the entrepreneur. |
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Monitoring |
Visiting the entrepreneur periodically to monitor the progress of the company and to provide counseling to the entrepreneur. Flexibility to treat urgent and ad hoc requests as such is provided. |
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Business Plan Clearance |
Investors are offered a platform to work with SEED and SEED Associates to work on the business ideas or plans and complete bankable business plans for submission to credible financiers/investors. |